U can use the following clue.
I posts chart when some set up is formed completely and is tradable.
My prefered entry method is to go long abv previous day high,
SL preferably below (considering volatility) recent swing low
&
Target is Resistance levels or 5X/7X/10X
It's great that you provide such analyses free of cost but please also be clear about what should be next course of action - not advice or recommendation but just your own view. Your views on entry, sl and possible targets. That would make an amazing post
— Preeti (@PreetiStock1988) November 16, 2021
More from Aneesh Philomina Antony (ProdigalTrader)
U can guage the strength in the trend once u know how to measure the direction.
This trend strength is infact signals the trend continuity or the potetnial for sustanining the trend.
Thats great assurace to hav https://t.co/HanLvlXkjQ
Before making ur trade entry or even before making a bias of trend as either bullish or bearish, do u use any objective measures to define the trend based on price, volume and momentum?
— Aneesh Philomina Antony (@ProdigalTrader) May 15, 2021
Price will always go back and forth move no matter how strong the trend is.
1/4 pic.twitter.com/qqizh2JO3J
Aneesh ji, Like in PA we have undercut and reclaim of some major MA some significance, does it have any significance in RSI?
— Prakhar (@StocksbyPrakhar) May 12, 2022
More from Screeners
Russell 2000
It is better if you spend considerable time learning these concepts. https://t.co/caBHOO4Owa
TRAPS? In a false breakout, the price breaks out of the range & comes back within the range. A trap is one step ahead, price not only comes back within the range but breaks down in the opposite direction. It traps the initial longs who didn't close their positions
— The_Chartist \U0001f4c8 (@charts_zone) January 22, 2022
Russell 2000 pic.twitter.com/txzjdnStzc
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